Can I bet legally online in the state of Indiana?
With the rise of the gambling industry, many governments are reconsidering their laws are regulations on sports betting. Most countries or states decide to soften their laws just to avoid missing out on taxable revenue from betting companies and winnings.
As of now, most states in the United States have different rules in terms of accepting betting. Even though betting is legal in most US states, there are still some regulations in terms of online betting and location-based bookmakers.
Is Online Betting Legal in Indiana?
Indiana is one of the states which recently changed the law and made sports betting legal. Now you can bet online or land-based casinos and sportsbooks all across the state. Sports betting was legalized back in May 2019, when a group of lawmakers passed the Indiana sports betting legislation which was signed by Gov. Eric Holcomb.
The next couple of months were reserved for finalizing regulatory reviews, which lead to allowing in-person sports betting in September 2019. Since regulations, verification, and control of online betting is more complex, they needed additional few months after allowing online betting.
Nowadays, casinos and off-track betting facilities are allowed to open retail sportsbooks in Indiana.
Online Sports Betting in Indiana – How it Works
Most states in the US try to control online betting as much as they can, which leads to issuing laws and restrictions in terms of geo-location and restriction of foreign online bookmakers. In Indiana, the online gambling industry is regulated in a much simpler way.
All you need is an internet connection and a device capable of opening apps or betting websites. After opening an app or a betting website, Geofencing technology steps in and monitors everyone’s location just to make sure that they are physically from Indiana.
There are no restrictions in terms of foreign casinos and bookmakers, so you don’t have to worry about entering a restricted website.
Which Sport Can I Bet On In Indiana?
Just because there are almost no restrictions to land-based and online bookmakers, Indiana has a lot to offer in terms of betting options.
Some of the most popular online sportsbooks in Indiana are:
- Draft Kings
- FanDuel
- BetAmerica
- TwinSpires
- William Hill
With a wide pallet of online betting companies to go for, you could expect a rich offer in terms of sport betting options. You can bet on every sport imaginable from Horse Racing to Soccer, Basketball, or even sailing. Find out more about Indiana sports betting here.
Deposit and Withdrawal Options
One of the most important things to consider s the deposit and withdrawal options just because you can lose a significant amount of money in fees. Since Indiana has plenty of bookmakers, it is easy to find the one that will work best for you.
Here are some of the most popular options for depositing and withdrawing money in Indiana:
PayPal
The most popular digital e-wallet is obviously the first choice when it comes to online betting, and luckily most online casinos in Indiana allow PayPal deposits and withdrawals.
Cash
Some online sportsbooks in Indiana offer cash deposits, but people must use a debit account in order to transfer the funds.
Bank Transfer
Bank transfer is also popular just because most casinos and online sportsbooks don’t charge any fee when you fund your account through direct bank transfer.
Debit/Credit Cards
This is the most commonly used payment gateway in the casino and betting industry in Indiana, but you have to know that your bank might charge a fee for the transfer.
Final Words
Indiana was one of the states with the most conservative stances toward gambling of any state in the United States. After seeing the benefit of the gambling industry, lawmakers started seriously considering legalizing sports betting just after the Supreme Court decision to strike down the federal ban.
So, if Indiana decided to change how they see online betting, we expect more states to jump on the same train that leads to acceptance of betting in every state in the United States.
